Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments.
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Cardano Just Dropped Reeve—And It Could Shake Up Enterprise Finance
The Cardano Foundation has formally released Reeve, an open-source “ledger on the blockchain” that promises to transplant corporate finance and audit trails into an immutable on-chain environment. Announced yesterday, the enterprise-grade middleware is designed to sit between existing ERP suites and the Cardano blockchain, providing cryptographic guarantees for every journal entry without forcing firms to […]
Shiba Inu 699,000% Imbalance: What Happened To Trigger It?
Top meme coin Shiba Inu recorded a 699,000% liquidation imbalance as its price dropped sharply along with the broader crypto market. This has again sparked a bearish sentiment, with the bears looking to be in control. How the Shiba Inu 699,000% Imbalance Happened Coinglass data showed that the Shiba 699,000% imbalance occurred due to the […]